President Trump Celebrates Announcement of New Steel Industry Plant

Steel Dynamics has authorized construction of a $1.8 billion facility in the southwest United States which will produce 3 million tons of steel per year and create hundreds of jobs.

Aside from the 600 direct jobs planned for creation at the plant, the area is expected to see growth in indirect job opportunities.

Construction is set to begin in 2020 with operations beginning in the second half of 2021.

President Trump allowed himself a moment to gloat about the announcement, proclaiming “Steel jobs are coming back to America, just like I predicted.”

Steel Dynamics announced that it will build a brand new 3 million ton steel mill in the Southwest that will create 600 good-paying U.S. JOBS. Steel JOBS are coming back to America, just like I predicted. Congratulations to Steel Dynamics!

Steel industry jobs come back to America, just like Trump predicted

President Trump has long touted a tougher stance on trade to counter unfair practices by other countries and bring better manufacturing jobs to the U.S. Part of the agenda has been to raise tariffs.

The tariffs have “had major, positive effects on steel and aluminum workers and jobs and will continue to do so long into the future,” an official White House statement read from earlier this year.

….Tariffs have had a tremendous positive impact on our Steel Industry. Plants are opening all over the U.S., Steelworkers are working again, and big dollars are flowing into our Treasury. Other countries use Tariffs against, but when we use them, foolish people scream!

In July, U.S. Steel – America’s second largest steel producer – announced they would restart blast furnaces in Granite City, Illinois, bringing back 500 employees that were laid off in 2015.

Georgetown Steel, who had closed their plant years ago, announced they would be reopening and creating hundreds of jobs, something they did in June.

Another mill located in Ohio announced in August their plans to invest in a possible $700 million expansion over the next two to three years.

In addition to the great jobs news, steelworkers also saw their wages rise, with some achieving the highest rate they’d seen in six years.

Obama said manufacturing jobs were never coming back

Barack Obama could never envision the level of job growth occurring under President Trump. He had buried the U.S. economy so deeply in the mud, that he could only assume it would take a miracle or some act of magic to bring these manufacturing jobs back.

Obama brags about hundreds of jobs created by him yet he’s quiet about the thousands of jobs sent overseas under him. He had no clue how to bring jobs back but takes credit for this booming economy like he did all that.
He asked: What magic wand do you have? Well, We Have TRUMP. pic.twitter.com/AGkfJt4VYK

Steel Dynamics and other production plant announcements suggest the steel industry has been one of the biggest beneficiaries of the tariff battle.

As such, it would seem something other than the trade war has caused GM to close plants and cut jobs, which is why Trump immediately jumped on this news from Steel Dynamics. It is a direct shot back at the auto manufacturing company.